Modevity Leading Vendor Risk Management (VRM) Services Company Announces New Financial Risk Scoring & Reporting

Company Adds New Financial Risk Scoring & Reporting to Continue Expanding Their Extensive Capabilities

West Chester, Pa., April 28, 2022 — Modevity, LLC, a leading Commercial Intelligence company established in 2004 specializing in Investigative Due Diligence Research and Vendor Risk Management (VRM) Services, announced today that the company has rolled out their new Financial Risk Scoring & Reporting.

The Modevity Vendor Risk Management outsourced service provides clients with a powerful, client branded, automated process for vendor assessment questionnaires and vendor due diligence risk reporting.

“The new Financial Risk Scoring & Reporting continues to build on our success in providing powerful Third-Party Vendor Risk Management Services,” said Tom J. Canova, President, and Co-Founder, CMO. “Our clients had communicated their need to have more in depth due diligence analysis of their vendors overall financial risk profile,” Mr. Canova stated.

The Modevity Vendor Financial Risk Scoring & Reporting will provide the needed risk scoring and reporting for clients to better ascertain their vendor and suppliers’ overall financial health and viability.  This new capability will be another key risk report to provide clients with a complete risk profile to any critical vendor or new suppliers being evaluated in their supply chain.

Modevity will review the vendor financial reports from a single year or multiple years and generate Critical Financial Health Indicators Risk Scoring Reports in the Modevity VRM Dashboard.

The Modevity team of experienced investigator analysts can provide timely and actionable intelligence on an entire supply chain, allowing clients to make more informed decisions about their overall risk factors and financial viability of vendor and supplier relationships. 

Modevity VRM and Investigative Due Diligence Research supports organizations by mitigating varied company and regulatory risks and utilizes powerful database technology, AI, and open-source tools to provide real-time reports for the identification of risks when conducting business with vendors across varied departments, operations, and global locations.

Modevity is headquartered in West Chester, PA. Find out more at                               

Modevity founded in 2004 and supports a wide range of clients with Investigative Due Diligence Research and VRM Outsource Services. GSA Multiple Award Schedule (MAS) Contract #47QREA21D00, SBA HUBZone Certified.

#Compliance #VendorRiskManagement #VRM #DueDiligence #FinancialRisk #Riskmanagement 

Media Relations Contact Information:
Thomas J. Canova
Co-Founder, CMO
Modevity, LLC

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